DISCOUNTED
Indpls SFH Rental or Fix & Flip
3815 N Emerson Ave Indianapolis, IN
$95,000
This is an adorable little property with a great ROI! The UPDATED 869 sq ft 2/1 SFH was built in 1955. This property has a covered front porch, a driveway for off-street parking, a huge backyard, a family room, dining room, kitchen, laundry/utility room, 2 bedrooms and a bathroom. Some of the many updates include new flooring, new cabinets, new roof 2020, water heater 2020, furnace 2020, and the window units were replaced with central air 2025! The siding is in great condition, although it would benefit from a good power wash.
As a rental, this could be rent ready immediately. Rentometer shows avg rent of $1063. Another option is a fix and flip. With a few minor cosmetic enhancements to the outside such as power wash, converting the appearance of the front porch to make it a welcoming extended living area, adding a screen door, and with the addition of some landscaping, this property will be ready to sell on the market! ARV is around $159,000.
Click here for additional photos and video: Pics 3815 N Emerson Ave 2-17-26 – Google Drive
ARV Comps: ARV Comps 3815 N Emerson Ave.pdf – Google Drive
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